State Street Corporation · NYSE:STT
State Street — Shareholder Meeting (May 2017)
20 slides from State Street's shareholder meeting presentation, May 17, 2017
Slide 1: State Street 225 Years
4a A STATE STREET. 225 YEARS
Slide 2: Forward-looking statements
2 This presentation may contain statements considered “forward-looking statements” within the meaning of United States securities laws, including statements about our goals and expectations regarding our business, financial and capital condition, results of operations, strategies, financial portfoli
Slide 3: Agenda
3 Agenda Our History & Company Today Our Way Ahead Our Impact
Slide 4: Our History
Our History aoeee
Slide 5: State Street today (data as of December 31, 2016)
*All data as of December 31, 2016.
Slide 6: State Street and McKinsey Global Institute, Global Capital Markets, December 31, 2015. 2 Money
1 State Street and McKinsey Global Institute, Global Capital Markets, December 31, 2015. 2 Money Management Executive’s Mutual Fund Service Guide 2016. 3 eVestment Alternative Fund Administration Survey. 2016 4 P&I Research Center, as of 12/31/2015
Slide 7: Our Way Ahead
7 Our Way Ahead
Slide 8: Our Focused Strategy Supports Our Long-Term Financial Goals and Future Growth
8 Our Focused Strategy Supports Our Long-Term Financial Goals1 and Future Growth TALENT, CULTURE, INNOVATION AND RISK EXCELLENCE BUILDING ON OUR STRONG CORE Aligning solutions with client needs, continuing to innovate, capturing value and improving efficiency ACHIEVING A DIGITAL ENTERPRISE Driving g
Slide 9: Delivering Financial Results
9 1Q17 vs 1Q16 23.5% Delivering Financial Results Operating-basis (Non-GAAP)1 2016 1Q17 2016 5.27 2015 4.89 Diluted EPS ($) 2016 vs 2015 7.8% 1Q17 1.21 1Q16 0.98 Diluted EPS ($) 1 Represents operating-basis financial information, a non-GAAP presentation. Refer to the Appendix included with this pres
Slide 10: Generating Strong Shareholder Returns
10 Generating Strong Shareholder Returns One Year Total Shareholder Return 5/18/2016 – 5/12/2017 STT 37%
Slide 11: Our Impact
Our Impact N\A a
Slide 12: Corporate Citizenship
12 Corporate Citizenship* Employee Involvement • 120,700 volunteer hours • 3,255 employees and members of our Board of Directors participated in the Matching Gifts program • Gifts matched impacted 2,236 charitable organizations Corporate Responsibility • Re-listed on the Dow Jones Sustainability Ind
Slide 13: Boston Wins
13 Boston Wins What Launched in 2015, a four-year initiative to accelerate our impact on education and workforce development, focused on youth employment in Boston with a $20 million commitment How Partnership with five non-profits working together to serve 60% more students resulting in the achieve
Slide 14: Commitment to Diversity
14 Commitment to Diversity* All data as of December 31, 2016, unless otherwise noted. 50 leading company for women’s leadership in APEC Highlights Awards & Recognition • Named first-ever Chief Diversity Officer • Signatory to CEO Action for Diversity and Inclusion pledge − a Fortune 500 CEO effort t
Slide 15: Fearless Girl
15 Fearless Girl • More than 3 billion Twitter and 148 million Instagram impressions • 2,400 media articles • Featured in more than 3,500 broadcast media segments reaching audience of almost 200 million • Coverage spanning 128 countries Sculpture by Kristen Visbal and commissioned by State Street Gl
Slide 16: Hats
Hats $2427 ee. STATE STREET. 225 YEARS
Slide 17: Appendix
Appendix
Slide 18: Reconciliations of Operating-Basis (Non-GAAP) Financial Information
18 ST A T E ST R EET C OR P OR A T ION R EC ON C ILIA T ION S OF OP ER A T IN G-B A SIS (N ON -GA A P ) F IN A N C IA L IN F OR M A T ION In addition to presenting State Street’s financial results in conformity with U.S. generally accepted accounting principles, or GAAP, management also presents res
Slide 19: Diluted earnings per share reconciliation
19 % Change (Dollars in millions) 2016 vs. 2015 D iluted Earnings per co mmo n Share: Diluted earnings per common share, GAAP-basis $ 4.47 $ 4.97 11.2% Severance costs associated with staffing realignment .11 ( .02) Provisions for legal contingencies .76 .13 Expense billing matter, net .03 .10 Acqui
Slide 20: Return on average common equity reconciliation
20 % Change (Dollars in millions) 2016 vs. 2015 R eturn o n A verage C o mmo n Equity : Return on average common equity, GAAP-basis 9.8% 10.5% 70 bps Severance costs associated with staffing realignment .2 — Provisions for legal contingencies 1.6 .3 Expense billing matter, net .1 .2 Acquisition cost